The main problem with live betting is that if you place a bet before an event starts you cannot adjust your bet to the changing odds. This is a major problem because sports betting odds often change with the state of a match. If emotions get out of hand and place a bet a few days before the game, you risk your bet because there could be a change in the team or an injury could have a negative effect on the team you have chosen as your favorite team.
We gamble with high stakes since it is the only way we may generate enormous returns from the system. For me, the English Premier League is my favorite league to bet on; I've already chosen a number of teams whose performance I'm acquainted with, both mediocre and outstanding clubs. Manchester City remains first on my ranking of elite clubs, followed by Liverpool and Chelsea, and then Brentford, Newcastle, and Aston Villa for common clubs. Making precise predictions and strategizing on these clubs will always result in enormous earnings. To me, a live bet means smaller money; I prefer betting before the game since it keeps the odds high and the profits big.
The lower odds are one of the biggest reasons why most people avoid live betting even if it provides them with the advantage of seeing the performances of both teams and all the players before taking a final decision, people prefer choosing a side before the match starts so that they can get returns for the full odds which won't be the case once the match is underway, but some people still do it because it slightly reduces the risk when you bet when the match has already started.
I'm not a very big fan of betting live myself because I believe if I'm destined to lose, I will lose even if I evaluate the teams and then choose my side because it has happened to me in the past where the most favorite team lost against a mediocre team which was totally unexpected.
If it's a live sport, and if there's a possibility to start changing the bets, I think that's going to cause me a lot of anxiety, that's why I'm not good at this type of bet, because one thing is that I bet before the game starts, after it starts, if my team loses, I accept it and I don't suffer anything, but if I'm live and I want to bet on a team, I do it, I change my bet, I get stressed because now I think the team I changed is going to lose, and if there's a chance to change the bet, so I do it, it's not the right thing, but maybe it's because of my nerves or who knows what, but I'm not good at that, maybe there are people who are good at it, but I really admire it.
I think this type of practice is very risky for me as a bettor, because it is not my style to change my decisions, I think it would cause a very insecure personality, of course it does not hurt to be able to risk making a type of bet like that, but I think I would not change my betting decision, I would rather lose than change the bets.
There are bettors who want this type of bet because they portray their decisions a lot, personally they have different personalities and they believe that changing the decisions of a bet is having a double chance, I don't see it as a bad thing, in terms of statistics it is like that, but I like traditional bets, in the forum many people who like this type of bet must be made, and the truth is I admire them.